Steifel Analyst is most likely trying to support his clients short positions. His numbers on Soda NOT being able to go private are a joke. The company is trading at 1x REVENUE.???? This is a multibillion dollar company being destroyed by short sellers and poor management execution in the US. Nothing more. A buyout/go private deal at $40 is a total steal and a ripoff for shareholders but just shows how you can't be long term with a stock wall st hates.
It was from a Bloomberg filing that I can't post. You'll be able to see it in his latest 10k filing soon.
He has the financial backing to own this outright. If he continues to buy shares he could reduce the float significantly and meaningfully enough to force shorts to exit the name. His show of support is a good signal and others should follow eventually. The street is waiting for better numbers to become believers again.
Trying to argue with illiterate uneducated islamists is a waste of time. These people don't believe in education, freedom or peace. violence is a way of life due to their ignorance and distorted beliefs of Islam. Meanwhile, the Jewish people thrive in a world of education, prosperity and FREEDOM. Lesson should have been learned by now. Never will be.
Arabs have become wealthy on oil money. If they were smart, they would just buy up all the Israeli land and be done with it. Stupid ignorant maniacs. They need to be told that there is NO GOD that would tolerate murder for any reason. Their beliefs are distorted and warped by centuries of repression. Any woman that would live in these countries is a pawn.
A very sad comment from someone without much obvious education and most likely just a racist. Thanks for sharing.
Not sure why they are not doing better as the product and delivery systems are excellent but sometimes market perception can dominate an otherwise good product. For now, with sellers hitting every rally and new lows coming every day, baring a takeover, this could go low double digits if earnings are not excellent in the big US market. Not a stock to own until clarity is apparent.
When do you think you will be right on this stock? The stock shows no signs of a bottom and hits new lows every other day. The market is speaking in volumes here. Down 50% with markets at record highs, this is a dog with fleas. SODA will go single digits by year end at this rate.
In a raging bull market this has gotten slaughtered like a bad biotech stock. Will be interesting to see if Soros and Tilson are still in the name here.
Really? it hasn't hurt AAPL and IBM and others that continually repurchase shares and support their stocks.
Soda is down almost 60% and they are really quiet about it??? Short sellers are at the ready with fresh pieces on how this is going to zero every day but the company just chugs along losing value on a daily basis.?
With interest rates near zero they could borrow at 4% and buy back 1/2 their stock here. That would put the shorts at a big disadvantage with the float so low. Not much in the way of good management going on here.
JNJ is the FIT. they need to go head to head with MDT in this market, have the size, financial strength and sales force to make a BIG winner out of it. That or a equal size company that wants to bulk up and compete with the big boys. Either way, EW needs stronger management to grow the company and compete.
EW clearly has the better technology but MDT has the money, size, reach, sales force and lobbyist's to dominate in the future UNLESS EW management gets more aggressive. They need a partner to compete long term or bulk up with more products to increase FCF and grow the sales force.
Cash, you have to relax a little. Sellers continue to swamp the stock every time it moves over 83 level. What chart are you seeing? Clearly investors are waiting for a sign that earnings will accelerate from here with the new valve. The stock has just slowly sold down all day so far. Not even up 5% on this news. I say JNJ should take them over but everyone might have to wait awhile. Or it could be tomorrow? Who knows.
Interesting how you got 5 thumbs down? So many shorts and negative posters on these boards these days.
The company has the best products, what wall st wants to know is can they outsell MDT ?? Now that the latest valve is approved in the US, I wouldn't be surprised to see JNJ or another big firm make a run at them here.
The real long term trends are excellent but management has made many mistakes here. The extra cash will give them a nice cushion but in my view, JNJ should take them over and go head to head with MDT. EW does not have the management strength and resources to continue to compete with MDT. EW clearly has the best product but that never means you will win the sales war.
Love the technology but the management team here is very weak. MDT is laughing at them. They gamed EW WITH The settlement all while running late stage P3 trials on a big high risk population and now that ew settled???? They can sell away. Dumbest thing I've ever seen. This board of directors is incompetent for letting this happen. Ew had MDT shut out. They should have gotten a much better deal and now they need to compete with a much bigger player head on. Better hope the new Sapien valve is a big success.
The great thing about the stock market is that is actually is very irrational in the short term, and that is GREAT for investors who are patient and focused. EW is eventually headed over $125 . Zacks upgraded yesterday and JMP securities just issued Buy and $97 PT. Use selloffs and fear to keep accumulating your position and you will eventually be rewarded. When? who knows. I'm shocked that JNJ hasn't taken them out already .
So much whining on this thread. EW ran up on the MDT verdict and than the settlement rumors. Now big investors liquidating and moving on. LONG term this isn't an issue. Sure management has made many mistakes but the product speaks for itself. Management has been a poor allocator of capital and they should be buying other products/companies to GROW. Wall st doesn't like their style currently and analyst are mixed and no help here. Be patient, the demographics favor the TAVR market for the next 30 years.
EW wasn't even considering it in their revenue projections. The next valve is Sapien 3. JPM totally missed this rally and is now trying to talk the stock down, clearly very effectively today. If it can't hold here it will retest the 77.5 breakout.. Long term buying opportunity. Short term disappointment
Pretty simple really. Management doing a poor job of managing cash and their is probably a big player reducing their position after the big run this year. Long term the stock should do very well but unless they GROW wall street loses interest pretty fast. Buy more if it goes lower.